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210 Washington Avenue S in Elbe

Listing ID:2168370 (Multi-Family)
Listing Price:$1,330,000
Days on Market:197

Details

Bed / Bath:0.00 / 0.00
Lot Size:0.41 acre (18,000 sqft)

Washington South Apts. is a fully renovated, turn-key, garden-style 6-unit community with additional upside potential. The property was recently modernized through a renovation of the interiors and exteriors. Current in-place rents are 7% below the market rate. The oversized bathrooms allow for a future investor to put washers and dryers in the individual units. Adding washers and dryers is estimated to increase rents by an additional 15%. An investor could also capitalize by adding an additional 2-4 units on the unused portion of land.


NWMLS

This listing is provided courtesy of NWMLS, contributed by Kidder Mathews.



Property Details

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